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What is a positive variance?
差异
预算 是因为
Questioner:Isabella Torres 2023-06-17 12:10:01
The most authoritative answer in 2024
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Isabella Evans——Studied at the University of Melbourne, Lives in Melbourne, Australia.
A favorable budget
variance refers to
positive variances or gains; an unfavorable budget
variance describes negative
variance, meaning losses and shortfalls. Budget
variances occur because forecasters are unable to predict the future with complete accuracy.
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